CyberTech Systems Extinguishes 8.5 Lakh Equity Shares Post Buyback
CyberTech Systems and Software Ltd has officially extinguished 8,50,000 equity shares, representing 8.5 Lakh shares, following its recent buyback program. The buyback, which operated between June 4 and June 10, 2026, saw shares repurchased at ₹170 each. This action reduces the company's total paid-up equity share capital from ₹31,13,05,930 to ₹30,28,05,930, with the number of outstanding shares decreasing to 3,02,80,593. The extinguishment process was confirmed by CDSL and verified by MUFG Intime India Private Limited and Sharma & Trivedi LLP.
Key Highlights
- Company extinguished 8,50,000 equity shares post buyback.
- Total paid-up equity capital reduced post-buyback.
- Share capital decreased from ₹31.13 Cr to ₹30.28 Cr.
- Number of outstanding shares reduced to 3,02,80,593.
Price Impact
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